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Key Details
Sold Price $1,445,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25175447
Sold Date 10/16/25
Bedrooms 8
Lot Size 0.260 Acres
Property Sub-Type Res Income 2-4 Units
Type of Financing Conventional,Exchange
Property Type Res Income 2-4 Units
Property Description
Introducing 8020 McKinley Avenue Rare South Gate Multifamily Offering on an Expansive Lot Situated on a generous 11,000 sq. ft. lot, this unique property combines classic charm with modern income potential. Originally built in 1936, the front residence is a beautiful Spanish-style 2-bedroom, 1-bath home showcasing timeless architectural details, original character, and in-unit laundry. In 1991, a substantial fourplex was added to the rear of the property, offering excellent rental income and long-term value. Each of the four units includes: Two-car garages, in-unit laundry, two townhome-style units: 2 bed / 1.5 bath and two single-level units: 2 bed / 1 bath The property has been well maintained, featuring all new windows and an excellent tenant base that takes pride in their homes. Located in the desirable South Gate/Paramount areawhere multifamily properties rarely come to marketthis is a rare chance to acquire a high-quality investment in a strong rental market. 8020 McKinley Avenue offers the perfect blend of historic charm, modern convenience, and steady income potential.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction On corner of McKinley Ave and 81st St
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Tile/Clay
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6264005018
Acceptable Financing Conventional, Exchange
Listing Terms Conventional, Exchange
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Bought with Juan Huizar Sage Real Estate Group, Inc.
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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